Amdocs Limited (Nasdaq:DOX) Hits 52 Week Low

Amdocs Limited (Nasdaq:DOX)

December 22nd, 2018
Amidst falling markets Amdocs Limited finished Friday’s trading session down 1.14%, a $0.67 decrease to close on $57.90. As well as the drop in value, Amdocs Limited hit a new 52 week low of $57.77, breaking the previous low of $57.91 from earlier this month.

DOX outperformed the rest of the Information Technology sector which went down just 2.99% today.

Analysis results from 7 analysts points to the possibility that Amdocs Limited might go up significantly (28%), while Finbox has calculated (with low uncertainty) a fair value price of $68.90.

Market Sectors

Saturday saw a downward swing in all sectors of the market with Communication Services seeing the biggest drop at 3.07% drop. Utilities has seen the biggest year-to-date gain at 2.24%. The biggest loss this year has been the Energy sector dropping 22%.

Sector Breakdown

  • Utilities went down with a -0.71% change.
  • Materials went down with a -0.95% change.
  • Energy went down with a -1.05% change.
  • Consumer Staples went down with a -1.09% change.
  • Healthcare went down with a -1.42% change.
  • Real Estate went down with a -1.58% change.
  • Industrials went down with a -1.93% change.
  • Financials went down with a -1.96% change.
  • Consumer Discretionary went down with a -2.58% change.
  • Information Technology went down with a -2.99% change.
  • Communication Services went down with a -3.07% change.

Amdocs is based in Chesterfield, United States of America. It was founded by Morris Kahn in 1982.

Amdocs Limited Info

Amdocs Limited, through its subsidiaries, provides software and services solutions to the communications, entertainment, pay TV, and media industry service providers worldwide. The company offers customer experience and monetization solutions that allow its customers to contextual and personalize interactions. It also provides operational support systems for fixed line, broadband, wireless, and cable TV networks; and network optimization suite to plan, build, launch, manage, and optimize mobile networks. In addition, the company offers network functions virtualization standards-based software solutions to virtualize network services; intelligence and real-time data products; and enterprise and B2B service to small and medium-sized business and enterprise customers. Further, it provides Internet of things monetization and connected home platforms to support connected devices, a cloud-based environment to offer integrated home services, and a solution that allows enterprises to purchase connectivity from service providers in a wholesale mode; and over-the-top and entertainment products. Additionally, the company offers mobile financial services, and big data analytics products; and entertainment and media solutions that enable the management of media and advertising selling, fulfillment, operations, advertiser and consumer experience, and financial processes in digital and print media, as well as Amdocs Optima, a converged multi-tenant digital customer management and commerce platform. It also provides thought leadership and advisory, systems integration, transformation, managed, order gateway, testing, revenue guard, and network services, as well as digital business operations for order to activation. The company was founded in 1988 and is headquartered in Chesterfield, Missouri.

All amounts in USD unless otherwise indicated
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